The article discusses China's scrutiny of a significant deal involving Hong Kong's CK Hutchison selling its ports business, including assets near the Panama Canal, to a US financial firm led by BlackRock. Amid US pressure, the deal has triggered Beijing to investigate potential security risks and antitrust issues. Chinese officials labeled the transaction a betrayal and called for fairness in international trade, denouncing any form of economic coercion. This reflects broader tensions related to foreign influence in China's economic dealings and stresses the importance of protecting national interests.
A spokesperson for the Ministry of Foreign Affairs in Beijing stated that China fundamentally opposes the infringement of legitimate rights through economic coercion, emphasizing a stance against bullying tactics.
Hong Kong's leader, John Lee, conveyed that the government calls on foreign nations to maintain a fair environment for businesses and stands against coercive economic strategies.
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